The Black Box

[wahz]

james, i think this year before oct, we will hit 2890 at least, so i think selling is a bad idea, i think we will have a pretty rough drop in fall and then run to 3200-4000 in 2007. so that is obviously why i am in

bulls are growing but recall that we need that. hey i worry all the time, but the first thing to ask is where is the nasi? is it rising? is the bp too high? we didn't rally in 05 like usual...what is the 6th year like when that happens? in the average decade is the peak this early(no) etc..are we overpriced? csco has a very low pe and its only up 2-3 bucks after being flat....i worry too when the best medium term contrary indicator in the history of the planet goes bullish, but he is as likley to change his mind on any drop and then be slow to roll out his magical powers until the next run is rolling so its ok for now